ICICI Bank witnessed significant institutional activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial market interest in one of India's leading private sector banks.

Block Trade Details

The block trade executed on NSE involved a considerable volume of shares with specific pricing parameters.

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, and foreign institutional investors. These transactions are conducted outside the regular market mechanism to avoid significant price impact that could occur with large-volume trades in the open market.

The execution of such a substantial block trade indicates active institutional participation in ICICI Bank shares. The price of Rs. 1369.80 per share reflects the prevailing market conditions at the time of the transaction.

Transaction Impact

The block trade volume of approximately 505,725 shares represents a significant portion of trading activity. Such transactions often signal institutional portfolio rebalancing or strategic investment decisions by large market participants.

ICICI Bank has announced the allotment of equity shares under its employee stock ownership program, marking another milestone in the bank's commitment to employee participation in equity ownership. The allotment was completed on January 22, 2026, following the established corporate governance procedures.

Share Allotment Details

The bank has allotted a total of 12,966 equity shares under the ICICI Bank Employees Stock Unit Scheme-2022. The key parameters of this allotment are presented below:

Approval Process and Governance

The allotment received approval from two Executive Directors of ICICI Bank on January 22, 2026. This approval was granted under the authority delegated by the Board of Directors during their meeting held on October 21, 2023. The structured approval process demonstrates the bank's adherence to established corporate governance protocols for employee stock option schemes.

The timing of the final approval at 4:49 p.m. on January 22, 2026, marks the completion of the internal authorization process required for such equity allotments under the employee stock unit framework.

Employee Stock Unit Scheme Framework

The ICICI Bank Employees Stock Unit Scheme-2022 serves as the operational framework under which these equity shares have been allotted. This scheme represents the bank's structured approach to providing employees with equity participation opportunities, aligning employee interests with shareholder value creation.

The scheme operates under the governance structure established by the Board of Directors, with delegated authority enabling Executive Directors to approve specific allotments as they occur throughout the implementation period.

Corporate Communication

ICICI Bank has formally communicated this allotment to both BSE Limited and the National Stock Exchange of India Limited, ensuring compliance with stock exchange notification requirements. The communication was signed by Prashant Mistry from the Associate Leadership Team, maintaining the bank's commitment to transparent corporate disclosure practices.